"Women in the UK are on track to lose out on more than £93,000 in earnings over a 40-year career because of the gender pay gap, new analysis reveals. Research by Instant Offices shows how inequalities between men and women in the workplace compound over time, leaving women with a significant lifetime shortfall that directly impacts pensions, savings and long-term financial security."
"The average UK salary for full-time employees was £37,430 in 2024, up £2,467 on the previous year. Graduate starting salaries in 2025 are expected to average £31,000, though they vary widely depending on industry and region. Salaries typically climb with age, peaking in the 40-49 bracket. The most striking jump comes when workers move from their 20s into their 30s, with average earnings rising by £7,696 in a single year."
"Yet even at entry level, a gap exists. Men aged 18-21 earn on average £520 more per year than women. By the time employees reach their 40s, this disparity has grown to almost £3,000 annually - despite this being the peak earning decade for both genders. The UK's average gender pay gap stands at 9%, but it grows steadily throughout a career."
Women in the UK are projected to lose more than £93,392 in cumulative earnings over a 40-year career due to the gender pay gap. The average full-time salary in 2024 was £37,430, while graduate starting salaries in 2025 are expected around £31,000 and vary by industry and region. Earnings rise with age and peak in the 40-49 bracket, with a marked jump from the 20s to the 30s. Men aged 18-21 earn £520 more annually than women, widening to nearly £3,000 in the 40s and £3,484 in the 50s. A 9% average gender pay gap compounds across careers, reducing pension contributions, bonuses, and investment opportunities, and pushing true lifetime losses likely above £100,000.
Read at Business Matters
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